Page 124 - The Way to the Top
P. 124

Robert B. KNUTSON




                                Chairman of Education Management Corporation




                A former associate in the banking business, who had started what is now a
                brand-name  executive  recruiting  company,  gave  me  some  very  valuable
                advice about growth.



                   After I recited how well I was doing with the small private company I
                had joined as President, how we’d increased revenues from $2 million to
                more than $20 million in just a few years, and how I was taking on some
                outside directorships in other private companies, he asked me, “Are you
                really focusing on all the opportunities to grow your own business? Isn’t

                that a better use of your time?”


                   He was right. I pared back my focus to my own company, and it was
                well  worth  my  time.  Growth  didn’t  happen  overnight,  but,  thirty  years
                later, we’ve been one of Forbes’s 200 Best Small Companies four years in

                a  row,  our  current  revenues  will  be  well  north  of  $800  million,  and  the
                extent  of  our  education  business  goes  far  beyond  what  I  might  have
                conceived in those early days.


                                             Focus on your business
   119   120   121   122   123   124   125   126   127   128   129